POS transactions hit SAR 10 bln in week ending Dec. 11: SAMA

15/12/2021 Argaam Special

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The point-of-sale (POS) transactions fell 17% to SAR 10.01 billion in the week ending Dec. 11, from SAR 12.1 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

   

Data showed that 120.1 million transactions were processed in the week ending Dec. 11.  

  

POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.  

   

The following table shows the weekly development of POS transactions: 

 

Weekly POS Transactions  

Week  

Number of Transactions (’000)  

Value of Transactions
(SAR mln)  

Variation in Value  

Jan. 3- 9  

81579

8516.5

(21%)

Jan. 10- 16  

81146

8184.2

(4%)

Jan. 17- 23  

72492

7509.7

(8%)

Jan. 24- 30  

85085

9302.2

+24%

Jan. 31- Feb. 6  

83184

8555.9

(8%)

Feb. 7-13  

78653

7631.0

(11%)

Feb. 14- 20  

75594

7188.2

(6%)

Feb. 21- 27  

74531

7341.8

+2%

Feb. 28- March 6  

91204

9879.4

+35%

March 7- 13  

87814

8548.6

(13%)

March 14- 20  

86005

8458.2

(1%)

March 21- 27  

86553

8820.9

+4%

March 28- April 3  

101622

11375.0

+29%

April 4- 10  

96104

10043.1

(12%)

April 11- 17  

81624

8196.8

(18%)

April 18- 24  

72190

7315.1

(11%)

April 25- May 1  

91781

10731.1

+47%

May 2- 8  

94300

10877.5

+1%

May 9- 15  

90900

8621.7

(21%)

May 16- 22  

82211

7054.1

(18%)

May 23- 29  

96535

9168.3

+30%

May 30- June 5  

102397

9499.1

+4%

June 6- 12  

100417

8876.8

(7%)

June 13- 19  

94783

8289.6

(7%)

June 20- 26  

94112

8357.9

+1%

June 27- July 3  

111340

10749.8

+29%

July 4 – 10  

104460

9352.1

(13%)

July 11 – 17  

106481

9528.0

+2%

July 18 – 24  

84706

6123.8

(36%)

July 25 – 31  

106791

9713.3

+59%

Aug. 1- 7  

105714

9020.7

(7%)

Aug. 8-14  

104697

8714.5

(3%)

Aug. 15-21  

96937

8002.2

(8%)

Aug. 22-28  

110497

10539.9

+32%

Aug. 29- Sept. 4  

112375

10196.7

(3%)

Sept. 5-11  

110220

9021.1

(12%)

Sept. 12-18  

104519

8373.1

(7%)

Sept. 19-25  

103627

8852.0

+6%

Sept. 26- Oct. 2  

119137

11027.4

+25%

Oct. 3-9 

113012

9157.7

(17%)

Oct. 10-16 

111255

8679.0

(5%)

Oct. 17-23 

102766

8021.9

(8%)

Oct. 24-30 

118497

10345.0

+29 %

Oct. 31- Nov. 6 

118141

10003.1

(3%)

Nov. 7-13 

115481

9173.8

(8%)

Nov. 14-20 

107843

8459.4

(8%)

Nov. 21-27

112231

9418.4

+11%

Nov. 28- Dec. 4

129984

12059.1

+28%

Dec. 5-11

120149

10010.9

(17%)

 

 

All sectors witnessed a decline in POS transactions during the week ending Dec. 11, except for education sector which rose by 164%.

 

Hotels sector led the declines by 41%, followed by clothes & footwear and jewelry sectors falling by 29% and 23%, respectively. 

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.46 billion, followed by the restaurants & cafes sector with SAR 1.39 billion.  

 

The following table gives details of consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Dec. 4

Transaction Value Week Ending Dec. 11

Weekly Variation

Hotels

329.8

195.2

(41%)

Clothes & Footwear

1128.6

803.8

(29%)

Jewelry

273.5

210.3

(23%)

Furniture

433.1

349.7

(19%)

Miscellaneous Goods & Services

1233.9

998.9

(19%)

Restaurants & Cafes

1695.7

1385.6

(18%)

Transport

617.9

519.2

(16%)

Food & Beverages

1739.0

1462.5

(16%)

Electronics & Electric Appliances

327.1

276.9

(15%)

Recreation & Culture

343.9

297.4

(14%)

Fuel Stations

722.5

627.9

(13%)

Healthcare

803.0

702.2

(13%)

Telecommunications

125.2

110.4

(12%)

Public Utilities

78.6

73.5

(6%)

Construction Materials

421.3

396.3

(6%)

Education

81.8

216.3

+164%

Other

1704.2

1384.8

(19%)

Total

12059.1

10010.9

(17%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.21 billion, representing 32% of the total sales. Jeddah came second with SAR 1.55 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Dec. 4

Transaction Value Week Ending Dec. 11

Weekly Variation

Riyadh

3,703.9

3,208.0

(13%)

Jeddah

1,936.4

1,552.9

(20%)

Dammam

624.0

538.5

(14%)

Madinah

485.3

364.5

(25%)

Makkah

454.2

338.2

(26%)

Al Khobar

388.7

318.0

(18%)

Buraydah

296.9

249.0

(16%)

Tabuk

229.7

185.6

(19%)

Hail

203.6

167.3

(18%)

Abha

146.5

129.3

(12%)

Other Cities

3,589.9

2,959.6

(18%)

Total

12,059.1

10,010.9

(17%)

 

 

 

Details and historical data for consumer spending

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